HomeMy WebLinkAboutResolution 056-2024 RESOLUTION NO.056-2024
A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS
OF MONROE COUNTY, FLORIDA APPROVING THE WRITE-OFF
OF A$45,000.00 SHIP SECOND MORTGAGE
WHEREAS,the Monroe County SHIP Program executed a SHIP Second Mortgage between the
County and Patrick and Yupha Kuhn in the amount of$45,000.00 on SEPTEMBER 26, 2008, recorded on
SEPTEMBER 30, 2008,as Document#1713717, Book 2382, Page 1064 of the public records of Monroe
County, Florida,secured by the property located at Lot 28, Block 21, Eden Pines Colony,Third Addition,
according to the Plat thereof as recorded in Plat Book 5, Page 59,29527 Oleander, Big Pine Key, Florida
33043;and
WHEREAS,the First Mortgagee(NATIONSTAR MORTGAGE LLC)filed a foreclosure action on
AUGUST 7, 2017,as well as a Notice of Lis Pendens on AUGUST 7,2017, Document#2135494, Book
2869, Page 1303;and
WHEREAS,A Final Judgment of Foreclosure was Ordered on NOVEMBER 13, 2018,sale by
auction was set for NOVEMBER 13, 2018 and the property was sold to the highest bidder on NOVEMBER
13, 2018
WHEREAS,the SHIP Mortgage was unable to be satisfied as the proceeds from the sale were
insufficient to allow for a recovery;and
WHEREAS,the First Mortgagee took title to the property on AUGUST 23, 2019, Document
2236041, Book 2984, Page 420; and
NOWTHEREFORE,BE IT RESOLVED, by the Board of County Commissioners of Monroe County,
Florida that the County hereby:
Authorizes the write-off of a SHIP Second Mortgage Loan in the amount of$45,000.00 formerly
secured by the property located at Lot 28, Block 21, Eden Pines Colony,Third Addition, according
to the Plat thereof as recorded in Plat Book 5, Page 59 of the Public Records of Monroe County,
Florida, 29527 Oleander, Big Pine Key, Florida 33043.
PASSED AND ADOPTED, by the Board of County Commissioners of Monroe County, Florida at a regular
meeting of said Board on the 21st day of February 2024.
Mayor Holly Merrill Raschein Yes -- --
Commissioner James K. Scholl Yes
Commissioner CraigCates Yes r
n Commissioner Michelle Lincoln Yes ,, ,
-,: =� _,=r°,,,y 4 Commissioner David Rice Yes
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:(EVIN\ D .,K CLERK BOARD OF COUNTY COMMISSIONERS Y `-
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�' ,',,y,p 1 {' Mayor Holly Merrill Raschein
•� «�,�y., �� �t�A�.fe;put Clerk
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MONROE COUNTY ATTORNEY'S OFFICE
Approvedlor form pnd legal sufficiency
JULA -
Christina Cory,Assistant Coun y Attorney
Doc#2453726 Bk#3265 P #1684
Recorded 3/7/2024 1:57 PM Page 1 of 1
PREPARED BY/RETURN TO:
Monroe County SHIP Program Filed and Recorded in Official Records of
1100 Simonton St., Suite 1-196 MONROE COUNTY KEVIN MADOK,CPA
Key West, FL 33040
SPACE ABOVE THIS LINE FOR PROCESSING DATA SPACE ABOVE THIS LINE FOR RECORDING DATA
RELEASE OF MORTGAGE OR LIEN
Know All Men By These Presents, that Monroe County, the owner(s) and holder(s) of a certain Mortgage
Deed, executed on SEPTEMBER 26, 2008 by PATRICK AND YUPHA KUHN, to Monroe County, Florida and
recorded on SEPTEMBER 30, 2008, in Official Records Book 2382, Page 1064, as Document#1713717 in the
office of the Clerk of the Circuit Court of Monroe County,State of Florida, securing certain Note in the principal sum
of FORTY-FIVE THOUSAND DOLLARS AND NO CENTS($45,000.00), upon the property situate in said State
and County described as follow, to-wit:
Lot 28, Block 21, Eden pine Colony, Third Addition, according to the Plat thereof as recorded in Plat Book S,
Page 59 of the Public Records of Monroe County, Florida
Which has the address of 29527 Oleander,Biz Pine Key, Florida 33043
(herein the "Property Address:")
does hereby RELEASE and DISCHARGE said Note and Mortgage Deed and hereby direct KEVIN MADOK, CPA,
the Clerk of the said Circuit Court, to cancel the same of record.
L941
In Witness Whereof, Monroe County has caused this document to be executed as of this ue day of
A 2024.
BOARD OF COUNTY COMMISSIONERS
r AT l K INNIADOK CLERK O' MONRO COUNTY F •RIDA
p /
vvii4)31.1 °i! li tl 614-0/11(v -- By:
,,
a:; As,Iep Clerk Holly err Ra Okr, or
STATE OF FLORIDA
COUNTY OF MONROE
:th
Subscribed and sworn to(or affirmed)before me,by means of hysical presence or❑online notarization,on this LP day
of 't*. 2024 by Holly Merrill Raschein,Mayor,known to me to be the person(s)described herein and who executed
the'fore ing instrument,who acknowledged before me that he/she executed the same,and who did not take an oath. Check
one:, said person(s)is/are personally known to me. said person(s)provided the following type of identification.
CORIE McGRAW- BEL Witness my hand and official seal in the County and State
Notary Public Last aforesaid this te day of ,L4 P.1. ,2024.
State of Florida
At
•�,_.ar` Comm#HH210621 Tad Aato
Expires 12/21/2025 ry Sign ure:
Monroe County Attorneys Office ( t)i4 E G e--t
Approved as to form and legal sufficiency 4.1st.NnirotE
tjw, Commission No:
Christina Cory,Assistant Coun Attorney
r —,e9-1.
-
Commission Expires: